Foxconn working on plans to set up battery energy storage system unit

Taiwanese electronics manufacturing giant Foxconn is working on plans to set up a battery energy storage system unit in India, its Chairman Young Liu said here.

With an eye on the electric vehicle segment, Foxconn has been expanding its battery manufacturing business, with the first plant already set up in Taiwan.

Liu told PTI that Foxconn’s information and communication technology segment has just started in India.

“We are also waiting to put our 3+3 future industry in India. I have been talking to the minister for industries here about how can we collaborate on BESS (Battery Energy Storage System) in Tamil Nadu…,” Liu said.